Comments
The Bombay Stock Exchange will conduct a mock trading session on Saturday. The session will be conducted for currency derivatives, equity derivatives and equity segments on August 4, the exchange said in three separate notices today.
“Trading members shall ensure that all user-ids approved for algorithmic trading, irrespective of the algorithm having undergone a change or not, shall participate in the mock trading session,” the BSE said.
Algorithmic trading refers to high-frequency and automated execution of trades on the stock exchanges through pre-programmed software platforms installed on servers. The exchange has also sought feedbacks from the trading members for the session.
“To be able to provide our members with a robust and efficient system for trading with better features, feedback from all members is very important”, the BSE said.
“We request all members to give their feedback for the mock trading session ...,” the BSE said.
The Securities and Exchange Board of India guidelines require stock exchanges to conduct mock trading on a monthly basis to test the trading and risk management related systems and applications.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.